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<p>[QUOTE="masterswimmer, post: 4479358, member: 102022"]I too have been a proponent of growth & income stocks for years. Always DRIP the dividends. Its paid off nicely. </p><p><br /></p><p>In the last few years I've been investing in monthly dividends as well. That's been a great play. Not only does one of these pay dividends monthly but it's a dividend aristocrat.</p><p><br /></p><p>Looking for growth stocks isn't all that difficult. There are plenty out there. Adding dividends to the mix just makes sense. </p><p><br /></p><p>My grandsons are 4 y/o and 2 months old. I've already set up UTMA accounts for them. Funded them to DRIP and set up automatic monthly deposits into them. Hopefully they'll have a decent college fund after 18 years of this strategy. I've got another grand on the way and it'll be the same setup for that one. </p><p><br /></p><p>I also bought each of them piggybanks that we deposit into each time we see them. This lets them see the savings grow right in front of their eyes. UTMA is great, but that's not something they understand yet. Personal finance is one of the legacies I want to instill upon them.[/QUOTE]</p><p><br /></p>
[QUOTE="masterswimmer, post: 4479358, member: 102022"]I too have been a proponent of growth & income stocks for years. Always DRIP the dividends. Its paid off nicely. In the last few years I've been investing in monthly dividends as well. That's been a great play. Not only does one of these pay dividends monthly but it's a dividend aristocrat. Looking for growth stocks isn't all that difficult. There are plenty out there. Adding dividends to the mix just makes sense. My grandsons are 4 y/o and 2 months old. I've already set up UTMA accounts for them. Funded them to DRIP and set up automatic monthly deposits into them. Hopefully they'll have a decent college fund after 18 years of this strategy. I've got another grand on the way and it'll be the same setup for that one. I also bought each of them piggybanks that we deposit into each time we see them. This lets them see the savings grow right in front of their eyes. UTMA is great, but that's not something they understand yet. Personal finance is one of the legacies I want to instill upon them.[/QUOTE]
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